Leon’s Furniture Limited (TSE:LNF) Senior Officer John Andrew Cooney Sells 10,000 Shares

Leon’s Furniture Limited (TSE:LNF) Senior Officer John Andrew Cooney sold 10,000 shares of Leon’s Furniture stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of C$22.64, for a total transaction of C$226,399.00.

Leon’s Furniture Price Performance

Shares of Leon’s Furniture stock opened at C$22.89 on Thursday. The firm has a market cap of C$1.56 billion, a PE ratio of 11.33 and a beta of 0.76. Leon’s Furniture Limited has a 12-month low of C$16.46 and a 12-month high of C$23.88. The company has a quick ratio of 0.53, a current ratio of 1.34 and a debt-to-equity ratio of 44.13. The company’s fifty day simple moving average is C$21.32 and its two-hundred day simple moving average is C$19.52.

Leon’s Furniture (TSE:LNF) last announced its earnings results on Wednesday, February 21st. The company reported C$0.72 earnings per share for the quarter. The firm had revenue of C$686.90 million for the quarter. Leon’s Furniture had a net margin of 5.66% and a return on equity of 14.19%. As a group, equities analysts expect that Leon’s Furniture Limited will post 2.0611111 EPS for the current year.

Leon’s Furniture Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, April 8th. Stockholders of record on Friday, March 8th will be paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date is Thursday, March 7th. Leon’s Furniture’s payout ratio is 35.64%.

Analysts Set New Price Targets

Separately, BMO Capital Markets raised their price target on shares of Leon’s Furniture from C$21.00 to C$23.00 in a report on Monday, February 26th.

About Leon’s Furniture

Leon's Furniture Limited, together with its subsidiaries, operates as a retailer of home furnishings, mattresses, appliances, and electronics in Canada. It operates through two segments, Leon's and The Brick. The company provides household furniture, home electronics, home office products, appliances, and mattresses; repair services for household furniture, electronics, and appliances; warranties; and credit insurance products, including life, dismemberment, disability, critical illness, and involuntary unemployment.